Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has commissioned the iconic Uganda Revenue Authority (URA) Tower, with a call on the on the institutions in Government to renew their strength towards fulfilling their main mission which is to see the economy grow. “Your role is to assist the …
Read More »Museveni set to launch new URA tower, Uganda’s tallest
Tax body to save Shs3.8bn annually upon completion of the project Kampala, Uganda | THE INDEPENDENT | The newly constructed 23-floor Uganda Revenue Authority headquarters at Nakawa that President Yoweri Museveni will commission today, is designed as a one-stop centre to boost tax collection. Constructed in a record four years, the project will converge …
Read More »Google moved almost 20 bn euros to Bermuda in 2017: report
The Hague, Netherlands | AFP | US internet giant Google used a legal mechanism to transfer almost 20 billion euros from the Netherlands to Bermuda in 2017 for tax purposes, a Dutch newspaper report said Friday. Google, which is owned by US parent company Alphabet, moved 19.9 billion euros ($22.7 …
Read More »URA’s new 22-floor headquarters
Facts about the URA Tower ✅ 22 floor building ✅ Four podiums and eighteen tower floors ✅ Total 26,021 square metres ✅ Project cost sh 139 billion ✅ Car parking 12,923 square metres ✅ 5 levels for parking ✅ Car parking for 360 cars plus surface parking for 710 vehicles …
Read More »Plug revenue leakages-Museveni
Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority must install big scanners at all entry and exit points to boost revenue collection, according President Yoweri Museveni. President Museveni, who was speaking during the recently concluded symposium dubbed ‘first science model workshop’ organised by URA in partnership with the African Tax …
Read More »How to validate and transfer a vehicle in Uganda
Motoring | THE INDEPENDENT | Validation of motor vehicles is a process where a taxpayer captures details of the old log book into the URA online motor vehicle register to acquire a new E-log book. From 2020, you will need to validate your logbook to be able to pay …
Read More »MUSEVENI: Plug gaps in tax collection
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has urged the Uganda Revenue Authority (URA) to fill up existing tax gaps so that the country can gain financial independence and stop borrowing money to finance its budget. The President made the remarks at the ongoing first Science Model Workshop …
Read More »W BANK: Increasing tax flow key to financing Uganda’s growth
Kampala, Uganda | THE WORLD BANK| Improving tax revenue is essential to sustaining economic growth in Uganda, according to a recent economic analysis for the country. The Uganda Economic Update, Financing Growth and Development: Options for Raising More Domestic Revenues, says that while economic growth has rebounded from 4.5% to 5.5% …
Read More »CSOs ask MPs to reject new taxes on mobile money, social media
Kampala, Uganda | THE INDEPENDENT | The proposed introduction of new taxes on mobile money transactions and social media has met stiff rejection from civil society activists. Government has proposed to introduce a 10 percent final withholding tax on commissions by telecommunication companies to mobile money and airtime agents and Shillings …
Read More »Apple says will pay $38 bn in taxes on repatriated profits
San Francisco, United States | AFP | Apple announced Wednesday it would pay some $38 billion in taxes — likely the largest payment of its kind — on profits repatriated from overseas as it boosts investments in the United States. The iPhone maker said in a statement it plans to use …
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